{"id":17459,"date":"2016-03-09T00:00:00","date_gmt":"2016-03-08T11:00:00","guid":{"rendered":"https:\/\/www.farmersweekly.co.nz\/smp-prices-move-up-in-india\/"},"modified":"2016-03-09T00:00:00","modified_gmt":"2016-03-08T11:00:00","slug":"smp-prices-move-up-in-india","status":"publish","type":"post","link":"https:\/\/www.farmersweekly.co.nz\/news\/smp-prices-move-up-in-india\/","title":{"rendered":"SMP prices move up in India"},"content":{"rendered":"<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\">&lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>At the March 8 event SMP traded at Rs150\/kg (US$2230\/t) up 7.14% from the previous week when the price was Rs140\/kg (US$2043\/t).<\/p>\n<p>Latest Milk Market Observatory world quotations as at February 21 showed SMP in EU was priced at US$1864\/t, Oceania was at US$1813\/t and the US was at US$1641\/t.<\/p>\n<p>The trade of butter on the online auction platform continued to be unstable. Poor demand meant no trades were recorded for butter, the second time since the beginning of February and following a record price fetched at the previous auction of Rs 270\/kg (US$3939\/t).<\/p>\n<p>The next online auction will be held March 22, 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"Prices for skimmed milk powder improved on the latest DairyTradeIndia auction, however butter continues its volatile trend with no trades taking place.\u00a0\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[3],"tags":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.6.2 - aioseo.com -->\n\t\t<meta name=\"description\" content=\"Prices for skimmed milk powder improved on the latest DairyTradeIndia auction, however butter 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